The investment market has indicated varying trends for T. Rowe Price Group (T.ROW). Notable shifts include Telos Capital Management Inc. and Teacher Retirement System of Texas lowering their stakes in T. Rowe, while investment outfits like Trek Financial LLC and Mirae Asset Global Investments Co. Ltd. have acquired shares. T. Rowe's Assets Under Management (AUM) rose by 3.3% this June, attributed to the rise in the stock market. It currently manages $1.68 trillion assets, albeit grappling with $7B in monthly outflows. Wells Fargo & Company has raised T. Rowe’s price target to $108.00. Meanwhile, the firm has struggled with weaker fund performance, fund outflows, and fee compression. T. Rowe has added three new transparent sector offerings and two new international equity ETFs to its Active ETF roster, demonstrating strategic expansion. The firm also has a strong dividend yield, making it a potential opportunity for long-term investors. However, some analysts have warned of prolonged underperformance. Despite higher outflows, its AUM rose by 3.8% for May.
T Rowe Price Group TROW News Analytics from Wed, 20 Nov 2024 08:00:00 GMT to Sat, 12 Jul 2025 22:40:52 GMT - Rating 2 - Innovation 5 - Information 4 - Rumor -6
